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Presented below are two independent situations li (m 3anuary 1, 2017,Culver Company issied 1168,000 of 7%, 10-year bonds at pa. Interest is payable quarter~ on

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Presented below are two independent situations li (m 3anuary 1, 2017,Culver Company issied 1168,000 of 7%, 10-year bonds at pa. Interest is payable quarter~ on Aera 1, July 1,October 1,and 2. On hane 1, 2017, Larkspur Company issued $120,000 of 11%, 10-year bonds dated lanary 1. lanuary 1 at par plus accrued interest. Interest is payable semiannually on July 1 and January 1 to record the following(no account titles are automatically indented when amount is entered. not ndent manually.) (a) The issuance of the bonds (b) The payment of interest oe July 1 (c) The accrual of interest on December 31

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